Learning to read stock charts was critical to improving my wealth. Today's blog gives you a brief introduction. Next week let's continue building chart competency by examining support and resistance.
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Apple has delivered an average return of 43.5 percent per year for the past ten years. Suppose you or your parents invested $100 per month during those ten years in Apple stock and placed it in a ROTH IRA. You would have contributed $12,000.00 principal—but more importantly, have accumulated an investment gain of $190,211.00 with a total account value of $202,211.00. When you reach retirement age (59.5 years), you will owe ZERO dollars in taxes on ...
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What is the one thing we do not want to happen in retirement? I say death, but as this is an investment and finance blog- RUNNING OUT OF MONEY! Financial professionals recommend to maintain your current lifestyle in retirement, you need about 70-90% of your FINAL income, EACH YEAR. If your retirement final income is $100,000 you need $70,000 to $90,000 annual income. Because of the extension of life expectancy and ...
Read MoreSome of you are off to a terrific start! Let’s look at potential accomplishments: • You are employed or own your business and have a steady and growing income stream. • Have paid all education loans off. • Contributing (HOPEFULLY AT MAXIMUM LEVEL - $18,500) to your 401-K. If not at maximum level of your 401-K you are using your annual raises to increase your participation percentage in your 401K until you reach maximum amount of ...
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